Analysis of Economic and Social Development
2026-02-23
Most countries have GDP per capita below $20,000. The distribution is highly right-skewed, indicating large income disparities.
Several developing countries report enrolment rates above 100%, likely due to over-age or under-age students enrolled in primary education. This suggests strong access to basic education, though enrolment does not necessarily reflect education quality.
| Statistic | Value | |
|---|---|---|
| 0 | Mean | 7.20% |
| 1 | Median | 5.34% |
| 2 | Std Dev | 5.85 |
| 3 | Min | 0.13% |
| 4 | Max | 36.47% |
The global average unemployment rate is approximately 7.2%, but the large standard deviation indicates substantial cross-country variation. Some countries experience extremely high unemployment rates above 30%, highlighting significant labor market disparities.
There is a mild negative relationship between GDP per capita and unemployment. Higher-income countries tend to have lower unemployment rates, although the relationship is not strongly linear.
High-income countries show the lowest average unemployment rates, while lower-middle-income countries exhibit higher unemployment levels. This suggests that economic development is associated with more stable labor markets.
The relationship between primary school enrolment and unemployment appears weak and scattered. Education access alone does not strongly predict unemployment outcomes across countries.
| Country | GDP per Capita | Unemployment | |
|---|---|---|---|
| 0 | United States | $76,657 | 3.6% |
| 1 | China | $12,971 | 5.0% |
| 2 | Japan | $34,066 | 2.6% |
| 3 | Germany | $50,507 | 3.1% |
| 4 | United Kingdom | $47,057 | 3.8% |
| 5 | France | $40,989 | 7.3% |
| 6 | India | $2,347 | 4.8% |
| 7 | Brazil | $9,281 | 9.2% |
| 8 | Canada | $56,257 | 5.3% |
| 9 | Australia | $65,170 | 3.7% |
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Data Source: World Bank WDI 2022